Fund Accounting & Administration, Off at State Street in Boston, Massachusetts

Job Description:

Why this role is important to us

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for

As the Private Equity Fund Accounting & Administration, Officer, you will:

• Supervising all lower level staff (including Associate 1 Associate 2 and Senior Associate Staff)


• Managing internal workflow and client deadlines


• Managing client relationships & liaising with client personnel on a daily basis


• Maintaining good working relationship with all client contacts including investment professionals investors auditors lawyers and banking personnel


• Reviewing quarterly and annual financial work paper packages including portfolio schedules accruals and partner capital allocations


• Reviewing quarterly and annual financial statements and footnotes and coordinating annual audits.


• Reviewing and/or preparing complex fee calculations management fees waterfall and capital account allocations etc

Education & Preferred Qualifications:

• Supervising all lower level staff (including Associate 1 Associate 2 and Senior Associate Staff)


• Managing internal workflow and client deadlines


• Managing client relationships & liaising with client personnel on a daily basis


• Maintaining good working relationship with all client contacts including investment professionals investors auditors lawyers and banking personnel


• Reviewing quarterly and annual financial work paper packages including portfolio schedules accruals and partner capital allocations


• Reviewing quarterly and annual financial statements and footnotes and coordinating annual audits.


• Reviewing and/or preparing complex fee calculations management fees waterfall and capital account allocations etc.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers